Square Widens Its Ecosystem With New Inventory Management Offering

A restless company always seeking to build its "ecosystem" of offerings for merchants, Square (NYSE: SQ) is rolling out a new suite of inventory management functionalities. "Many sellers view inventory as one of the most frustrating and difficult tasks they encounter because building out a product catalog, counting inventory, and keeping stock at the right levels is traditionally a manual and labor-intensive process," the company added. After all, there are numerous point-of-sale hardware solutions and services on the market; the wider a product ecosystem, the more attractive the provider.